Top 7 Reasons for Considering an Electric Vehicle Today – The Equation

You may have heard a lot recently about electric vehicles (EVs). Sales of EVs are up, manufacturers are beginning to offer a variety of EV models – from sportscars to sedans – and our recent analysis found that 42 percent of American households with a vehicle could use an EV.

So, why are car buyers getting more enthused about EVs? Since I’m not an EV owner myself (I continue to rely on my 25 year old Panasonic “collectors” bicycle – and by “collectors” I mean rusting hunk of Japanese steel), I asked UCS members who drive EVs what they like about driving on electricity. Read on to hear their stories and find out the top 7 reasons to consider an EV.

#1 Cheaper to Fuel
Like saving money? Of course you do. EVs are dramatically cheaper to fuel than their gasoline counterparts. UCS analysis has shown that driving 100 miles on electricity costs an average of $3.45 compared to driving the same distance on gasoline, which would set you back $13.52. Over the average lifetime of a vehicle, these fuel savings swell to nearly $13,000 for EV owners.